Gerald Nash
Question:31. Deputy Ged Nash asked the Minister for Finance the number of persons with annual income levels by category (details supplied) in the most recent year for which full data is available, in tabular form. [24213/20]
View answerWednesday, 16 September 2020
Questions (31, 32, 33)
Gerald Nash
Question:32. Deputy Ged Nash asked the Minister for Finance the number of persons with annual income levels by category (details supplied) that received tax relief on their personal income for contributions to a pension, in tabular form. [24214/20]
View answerGerald Nash
Question:33. Deputy Ged Nash asked the Minister for Finance the gross amount of tax relief provided for pension contributions in each of the past five years for which full figures are available, in tabular form. [24215/20]
View answerWritten answers
I propose to take Questions Nos. 31 to 33, inclusive, together.
Regarding Question 24213/20, I am advised by Revenue that they publish a series of income distribution statistics which are available at link: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/income-distributions/it-ct-distributions.aspx. Under this link, the table ‘RVA01 Distribution of Income Tax by Type of Gross Income, Range of Gross Income, Marital Status, Year and Statistic’ provides the distribution of taxpayers by range of income, for the years 2004 to 2018.
Regarding Question 24214/20, I am advised by Revenue that a breakdown of PAYE individuals who paid pension contributions in 2019 by annualised gross income band can be found in ‘Table 7: Breakdown of Pension Contributors’ on page 17 of Revenue’s report titled ‘Statistics and Insights from the First Year of Real-Time Payroll Reporting (PAYE Modernisation)’. This is published on Revenue’s website at link: https://www.revenue.ie/en/corporate/documents/research/pmod-statistics-paper.pdf.
The link provides the available data in relation to PAYE employees in 2019 and constitutes a large majority of the total pension contributions recorded for all taxpayer types in a year. Pension contributions data in relation to 2019 for the self-employed, and other pension contributions not facilitated through employers, will become available once tax returns in relation to 2019 are filed later this year.
Regarding Question 24215/20, I am advised by Revenue that the tax cost of pension contributions for the years 2014-2018 (the latest year available) can be found in Revenue’s ‘Cost of Tax Expenditures’ publication available on the Revenue website at https://www.revenue.ie/en/corporate/documents/statistics/tax-expenditures/costs-tax-expenditures.pdf.